Best Buy, Public Storage Among Stocks Down on High Volume Monday

Best Buy (BBY) saw its price drop on above-normal volume today, as 21.9 million shares have changed hands or 1.8 times its average daily volume. The stock price dropped 10.4% to $18.16. Shares are down $1.32 (-6.8%) from a price of $19.48 on August 13, 2012. The stock has moved down across its 50-day moving average of $19.23 today.

Trading with volume of 909,805, or 1.7 its average daily volume, Public Storage (PSA) saw its price drop on above-normal volume. Closing at $142.58, shares were down 1.9%. The stock has risen $10.47 (7.9%) over the last three months from a price of $132.11 on May 23, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.2% above the mark.

After trading at a volume of 794,997, or 1.6 its average daily volume, (VFC) saw its price drop. With a closing price of $149.73, shares were down 2.2%. Share price is up, having risen 72 cents (0.5%) from $150.45 on July 20, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 2.8% above the mark.

Digital Realty (DLR) was down on high volume, trading with volume of 1.3 million, or 2.3 its average daily volume. With a closing price of $75.65, shares dropped 1.2%. Shares have been on on the rise over the past three months, climbing $2.14 (2.9%) from a price of $73.51 on July 20, 2012. The stock is trading 3.3% above its 200-day moving average.

Trading with volume of 2.1 million, or 1.6 its average daily volume, FMC Technologies (FTI) saw its price drop on above-normal volume. The stock price dropped 2% to $47.02. The stock has been on an upward trajectory over the last two months, climbing $8.39 (21.7%) from a price of $38.63 on June 21, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 3% above the mark.

Energy Transfer Partners (ETP) experienced a price drop on above-average volume today, with 2.1 million shares, or 1.9 its average daily volume, changing hands. At $42.84, the stock price has fallen 2.1%. The stock has been going in a negative direction over the last month, dropping $2.78 (-6.1%) from a price of $45.62 on July 20, 2012. The stock is trading at 96.1% of its 50-day moving average and 93.8% of its 200-day moving average.

Fortune Brands (BEAM) traded on a volume of 1.4 million, or 2.4 its average daily volume, but its price was down. Closing at $58.41, shares were down 3%.

Trading with volume of 1.1 million, or 1.8 its average daily volume, Pharmacyclics (PCYC) saw its price drop on above-normal volume. Closing at $61.06, shares dropped 2.9%. The stock is trading 11.4% above its 50-day moving average and 38.8% above its 200-day moving average.

After trading at a volume of 2.3 million, or 1.7 its average daily volume, (RSG) saw its price drop. Closing at $28.25, shares slipped 1.9%. Shares are up over the last two months, having risen $2.49 (9.7%) from a price of $25.76 on June 21, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.9% above the mark.